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To: pater tenebrarum who wrote (49718)	12/20/2000 1:25:29 PM
From: chic_hearne	Read Replies (2) \| Respond to of 436258

I think it was you that made the comment that call premiums are so high now that we can't be near a bottom. Well, I was checking a few out. I honestly want to take a few longs on, mostly just as a hedge. I was looking at nibbling on a few beaten down techs and selling calls against the positions. What's amazing to me is that the premiums are very very high. Front month calls on many techs I looked at were 10-20%. Crazy. I still can't bring myself to move in on any though....